NNPC signs $1.8bn oil financing deal with Chevron, Shell
The Nigerian National Petroleum Corporation, NNPC, Thursday, said it has signed two sets of alternative financing agreements worth about $1.78 billion, for two major Joint Venture projects with two of its JV partners, Chevron Nigeria Limited, CNL and Shell Petroleum Development Company, SPDC. The deal also involved a consortium of both local and foreign banks.